Jubilant Foodworks Ltd
June 27, 2024 2024-06-27 6:49Yeh chart Jubilant Foodworks Ltd. ka hai, jo 15-minute time frame pe hai, NSE (National Stock Exchange) ka. Chart par kuch important points highlight kiye gaye hain:
- Resistance Level: Red horizontal line resistance level dikhati hai. Yeh level pehle support tha jo ab resistance ban gaya hai. Price ne is level ko paar karne ki koshish ki, lekin wapas neeche aaya.
- Pin Bar Rejection: Orange circle ke andar pin bar dikhayi de rahi hai. Pin bar ek bearish candlestick pattern hai jisme chhoti body aur lambi upper wick hoti hai. Yeh indicate karta hai ki upar wale levels pe selling pressure strong tha, isliye price wapas neeche aaya.
- Price Movement: Chart pe price pehle downtrend mein tha, lekin support level pe aane ke baad wapas upar move kiya. Lekin resistance level pe aane ke baad wapas neeche aane laga.
- Trade Setup: Green highlighted area potential target hai agar price neeche jata hai, aur red highlighted area stop loss hai agar price upar jata hai.
Yeh chart ek potential bearish setup dikhata hai jaha resistance level aur pin bar rejection ke baad price neeche ja sakta hai.